1 01 Highlights 02 Financial results 03 CEO update Highlights Questions to ir@flyplay.com HIGHLIGHTS PLAY PLAY at a glance KEF operation Q2 20251) Passengers 521 83.2% 442 361 336 286 Load factor Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 8 aircraft in operation TO 91.3% 31% FROM (39% On-time performance 29% VIA 2) Scheduled operations during Q2 2025 Split of passengers flying FROM, TO and VIA Iceland 4 HIGHLIGHTS PLAY PLAY at a glance ACMI operation Q2 20251) Operational bases: On-time performance Chisinău, Moldova 88. ...

Core Insights - PLAY experienced a 5% year-over-year increase in passenger numbers, carrying 128,119 passengers in April 2025 compared to 122,217 in April 2024, indicating strong demand in core markets and a well-aligned route network for early summer [1] Passenger Metrics - The load factor decreased to 82.6% in April 2025 from 85.1% in April 2024, attributed to a shift towards leisure-oriented destinations which typically have lower load factors but higher yields [2] - The share of passengers traveling from Iceland rose to 36.9% in April 2025, up from 30.0% the previous year, while the share traveling to Iceland increased to 31.8% from 27.0%. Conversely, VIA traffic share decreased to 31.3% from 43.0% [3] Operational Performance - PLAY achieved an on-time performance rate of 92.7% in April 2025, an improvement from 89.4% in April 2024, reflecting the airline's focus on schedule reliability and service quality [4] Future Outlook - The forward load factor and unit revenue for the upcoming summer months are trending above 2024 levels, with strong demand to and from Iceland. The recent launch of flights to Antalya, Turkey, and Faro, Portugal, is expected to enhance PLAY's position in the leisure market [5] Executive Commentary - The CEO of PLAY stated that the performance in April demonstrates the effectiveness of the company's strategy, highlighting solid demand across markets and the profitability of leisure routes despite lower load factors. The company is well-positioned for a successful summer with strong on-time performance and encouraging forward bookings [6]